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africa's biggest oil producer, nigeria, is in turmoil after election results are contested. >> oil has been systematically disrupted in nigeria for political gain for the entirety of the last decade. this disruption would provide an opportunity to amplify their disruptions. >> nigerian militants capitalize on the boss for russ oil market collapse by disrupting the oil wells, another 5% of the global supply is lost. with 12% of oil supplies disrupted, prices spiral out of control. after just three days, motorists begin panic-buying gasoline. people are forced to seek other means of transport as oil prices increase, truckers protest, block aiding roads. but the price keeps rising. >> we could be well above 130, $140 by the end of it. those are the kinds of prices that triggered the last recession. >> it takes four weeks to reopen the bosphorus. it's already too late. the world plunges into global recession. >> is the united states prepared to deal with another oil shock? the answer is no. is the world economy prepared to deal with another oil shock? the answer is no. >> until we can deve
africa's biggest oil producer, nigeria, is in turmoil after election results are contested. >> oil has been systematically disrupted in nigeria for political gain for the entirety of the last decade. this disruption would provide an opportunity to amplify their disruptions. >> nigerian militants capitalize on the boss for russ oil market collapse by disrupting the oil wells, another 5% of the global supply is lost. with 12% of oil supplies disrupted, prices spiral out of control....
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and on election day, voters in three states approved same-sex marriage. "outfront," mckay coppins, tim carney and maria cardona, cnn contributor and democratic strategist. this is kind of big news in all of this. tim, you saw the polls. now the supreme court will get involved in this. should this signal something to the republican party? should they say it's reached this level? >> polls are one thing. there's also the fact most states don't have gay marriage yet and most of those that do, it was not put in by the will of the people. i'm a marylander. our state did vote for gay marriage. most of them had to do with judges ruling. if the supreme court does for gay marriage what it did for abortion and roe v. wade and said, no, this is not in the hands of the people. we're going to say there's gay marriage, that would do a thrott fire up the republican base and could turn this issue on its head and become a big winner for republicans because they'd feel disenfranchised. >> what about the flip side? what if the republican goes that way, their base doesn't get
and on election day, voters in three states approved same-sex marriage. "outfront," mckay coppins, tim carney and maria cardona, cnn contributor and democratic strategist. this is kind of big news in all of this. tim, you saw the polls. now the supreme court will get involved in this. should this signal something to the republican party? should they say it's reached this level? >> polls are one thing. there's also the fact most states don't have gay marriage yet and most of...
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this was a status quo election. the president had a great re-election and the republicans held the house and democrats the senate. they have to sit down and do negotiate. it's not boehner versus geithner. it's can the house republicans buy a plan that they cancel to their members. and will the senate go along and if so will the president sign it. until you get in a room and discuss the elements you get people talking at each other with some absurdity. we are talking about $85 billion a year in added revenue over a ten-year period. we are spending over a trillion dollars in debt every year and not putting anything into it. the republicans have been down the road before where they have been promised three for one, and it never happens. i think they are beginning to realize until it's actually on the table and signed off on by all sides they aren't going to buy into it. >> senator, did the president in this offer with so little in spending cuts and tax reform, the debt limit, did he overplay his hand or is he being rea
this was a status quo election. the president had a great re-election and the republicans held the house and democrats the senate. they have to sit down and do negotiate. it's not boehner versus geithner. it's can the house republicans buy a plan that they cancel to their members. and will the senate go along and if so will the president sign it. until you get in a room and discuss the elements you get people talking at each other with some absurdity. we are talking about $85 billion a year in...
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if you look back at the 2004 election, there was lots of debate about whether or not bush's re-election could be pinned on the fact that in many of these states, there were referendum on the ballot about things such as same sex marriage, that the social issues were being dredged up as sort of positive for the republicans. fast forward to this election and as we discussed on the show before, you have gay marriage, you have marijuana, you have these issues on which republicans, you know, not necessarily where the voters were this time around in many of these states that literally in just the last ten years alone, public opinion has shifted a lot. though it's important to remember that i don't think of this as as much of a partisan issue as it is generational. remember, it was just a few months ago that president obama was evolving on his position and you had dick cheney who was kind of to the left of him on gay marriage. so i don't view this as much as a partisan issue. i view this as generational and something that both parties, particularly the republican party, though, will be addressi
if you look back at the 2004 election, there was lots of debate about whether or not bush's re-election could be pinned on the fact that in many of these states, there were referendum on the ballot about things such as same sex marriage, that the social issues were being dredged up as sort of positive for the republicans. fast forward to this election and as we discussed on the show before, you have gay marriage, you have marijuana, you have these issues on which republicans, you know, not...
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than in elective office. it's a real help to the republicans in the senate because he has cost them the senate. he has done more damage to the senate and most especially to republicans in the senate than anyone else. he has backed these crazy, nutty tea parties who have gutted the republican nomination for senate in various states around the country, and then he went on to lose to democrats thereby preserving the democratic control of the senate, preserving harry he reed therei. he had become an absolute disaster within his own party. the big cheer today is in the republican caucus saying, finally, we're getting rid of our absolute craziest nut. >> very good. we congratulate them for that. another thing, lawrence, that happened today is governor bobby jindal wrote an op-ed in politico and he said, at present any reading the headlines over the past week indicates that republicans are fighting to protect the rich and cut benefits for senior. it may be possible to have worse political positioning than that, but
than in elective office. it's a real help to the republicans in the senate because he has cost them the senate. he has done more damage to the senate and most especially to republicans in the senate than anyone else. he has backed these crazy, nutty tea parties who have gutted the republican nomination for senate in various states around the country, and then he went on to lose to democrats thereby preserving the democratic control of the senate, preserving harry he reed therei. he had become...
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. >> how much of this has been affected by the fact that for the first time in this last election you have people going to the polls and actually voting to allow same-sex marriage as opposed to it coming from judges or legislators? >> i don't think justices sort of said the polls did "x" so i will do "y." in 1986, louis powell, the swing justice of his day, they had the first real gay rights case, and he said to his law clerk, you know, as they were sort of weighing the case, you know, i've never met a gay person. i've never met a homosexual. what is that like? now, he didn't know that law clerk himself was homosexual, but that was what the world was like in 1986, that a worldly, intelligent man could have thought that he'd never met someone who was gay. now, even the conservatives on the court couldn't possibly express a sentiment like that. and that's just reflected in how the court acts. >> what do you think -- are is there any way to read the tea leaves on this? >> based on my experience in the health care case, i am going to not do a lot of predictions because, you know, wrong is
. >> how much of this has been affected by the fact that for the first time in this last election you have people going to the polls and actually voting to allow same-sex marriage as opposed to it coming from judges or legislators? >> i don't think justices sort of said the polls did "x" so i will do "y." in 1986, louis powell, the swing justice of his day, they had the first real gay rights case, and he said to his law clerk, you know, as they were sort of...
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that is, after a tough election, you move on to do what's right for the country, and she's done that. i don't think there's any limit to her potential, and that's going without saying based upon what she's succeeded at. on the other hand, you know, this is a very personal decision, as she knows better than anyone, because she's been through it, and she's lived the life very advise ivisible, very. i think she deserves time to reflect on things and enjoy life more than she's been able to over the last number of years. the vice president is also extremely well liked, well known throughout the democratic party, and as a primary candidate, if that was his choice, he would be also strong, but there are a lot of number of other governors and other elected officials that are coming up that i think will want to be involved in the next presidential election, but it is a long way out, and we ought to at least get through the holiday season and enjoy life a little more than talking about campaigns again. >> well, at the same time, there is a down side because if she wants to keep her options open
that is, after a tough election, you move on to do what's right for the country, and she's done that. i don't think there's any limit to her potential, and that's going without saying based upon what she's succeeded at. on the other hand, you know, this is a very personal decision, as she knows better than anyone, because she's been through it, and she's lived the life very advise ivisible, very. i think she deserves time to reflect on things and enjoy life more than she's been able to over the...
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you understand there was a huge gender gap for democrats in this last elections. republicans have to look at that and say, okay, we have to get something done. but let me add this. when peter hart actually laid out on the table here are the choices you have to make on spending and here are the choices you have to make on taxes, they had a little bit more difficult time in deciding what to do. so they began to realize the extent of the difficulty in cutting any real deal. >> yeah. not belittling the difficulty. these are tough, tough issues. but the stakes are really, really important right now. there is a little wiggle room. >> yeah. >> as far as the president and the democrats are concerned when it comes to raising tax rates for the wealthy. >> sure. the president's been very careful not to say we have to go up to the clinton-era 39.6%. he hasn't used that number. and so he's -- you know -- >> right now it's 35%. >> right now it's 35%. so if you look in the middle, okay, 37% is a real possibility. but here's the caveat. john boehner, the house speaker, cannot tak
you understand there was a huge gender gap for democrats in this last elections. republicans have to look at that and say, okay, we have to get something done. but let me add this. when peter hart actually laid out on the table here are the choices you have to make on spending and here are the choices you have to make on taxes, they had a little bit more difficult time in deciding what to do. so they began to realize the extent of the difficulty in cutting any real deal. >> yeah. not...
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republican party and offers some protection for democrats for raising taxes in the next congressional election. >> absolutely. breaking the republican party would be a benefit to this plan, also, i don't think barack obama minds in the tax rates go up on the middle income people as well. >> paul: he's promised-- you're saying-- >> the ultimate win is to have all of that new revenue for the government and being able to blame it on the republicans. >> paul: wait a minute, if you're saying we go over the cliff, nothing happens in december, come january the president will not turn around and insist on andis ... >> well, things in the middle east went from bad to worse this week with reports to the syrian military is preparing temp cal weapons that could be used against its own people, it's awaiting final orders from president assad. this as protesters clash with supporters of mohammed morsi outside the presidential palace in cairo egypt. in that country's largest confrontation since the uprising of hosni mubarak. we're back with daniel henninger and editorial board member matt comiskey. so, bret.
republican party and offers some protection for democrats for raising taxes in the next congressional election. >> absolutely. breaking the republican party would be a benefit to this plan, also, i don't think barack obama minds in the tax rates go up on the middle income people as well. >> paul: he's promised-- you're saying-- >> the ultimate win is to have all of that new revenue for the government and being able to blame it on the republicans. >> paul: wait a minute,...
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also remember the exit polling from the elections that shows people are fine with taxes going up on the top 2%. this is part of why the deal from john boehner was a non starter. he said how about deduction caps so you have lots of taxes. is he in trouble with his right wing? >> yes, he is. they have purged the scam. you said it. spending cuts. they are talking about $350 billion. what matters here is the numbers. we can't afford this. we have $16 trillion in debt. we have $87 trillion in unfunded highbilities those are promises that are made that we have to keep. >> guys, this is part of what is interesting about this conversation. when you hear the speaker talking about the loop holes that is the same rhetoric that we heard from mit romney. >> they are using the stuff that is done in the budget control last year. >> those are terrible talking points. >> let me say this point. >> hang on a second. i want to go to guy benson on another point. there is a lot of talk that the republicans might have a doom's day scenario. if there is a budget stalemate, then the republicans will allow a vot
also remember the exit polling from the elections that shows people are fine with taxes going up on the top 2%. this is part of why the deal from john boehner was a non starter. he said how about deduction caps so you have lots of taxes. is he in trouble with his right wing? >> yes, he is. they have purged the scam. you said it. spending cuts. they are talking about $350 billion. what matters here is the numbers. we can't afford this. we have $16 trillion in debt. we have $87 trillion in...
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and i think that they're certainly trying to leverage off of that since the election. >> well, they-- that was one of many, many, many factors. >> absolutely. >> and after the election and the fact is, as we all agree, the private sector union is a dying animal and that they only can survive if they can thoroughly control the public sector and this is just another example of their slow, painful death. >> on that upbeat note. i want you to look at this. the parent company of red lobster, filing a fight for the president's health care law, not because of the actual law, because it criticized the law. the gang from forbes is going to explain the top of the hour, up next, did any of you see this? >> oh! oh! >> apparently these guys just found out that they could get fined for eating while driving. is nothing sacred? having you ship my gifts couldn't be easier. well, having a ton of locations doesn't hurt. and a santa to boot! [ chuckles ] right, baby. oh, sir. that is a customer. oh...sorry about that. [ male announcer ] break from the holiday stress. fedex office. > >> coming down and p
and i think that they're certainly trying to leverage off of that since the election. >> well, they-- that was one of many, many, many factors. >> absolutely. >> and after the election and the fact is, as we all agree, the private sector union is a dying animal and that they only can survive if they can thoroughly control the public sector and this is just another example of their slow, painful death. >> on that upbeat note. i want you to look at this. the parent company...
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end the election stuff with these. mitt romney since the election. and they're all -- >> shopping? >> him add mcdonald's. >> okay. >> you like this here? that's him in the store, the supermarket. cvs. gets some supplies. that's him in the kitchen. that's him gassing up at the station. i mean, kind of -- sad, lonely figure. >> kicking back. enjoying himself. >> good the see him back in normal life? good for any politician? >> i would imagine that the period, the grieving period and the acceptance period for when it doesn't go your way, especially when there was every inclination it would go his way and remember what a long torturous, tedious primary period. about 175 republican debates before the general election. he was wiped out before the finals. >> what i find disgusting is i like mitt romney. and his wife and kids. they're nice people. and the way they've all been chucked under the bus by the other republicans, one by one, racing to distance themselves, i don't like that. it's just disloyal to me. >> i think that romney was someone who -- i mean, listen. i'm glad the way everyt
end the election stuff with these. mitt romney since the election. and they're all -- >> shopping? >> him add mcdonald's. >> okay. >> you like this here? that's him in the store, the supermarket. cvs. gets some supplies. that's him in the kitchen. that's him gassing up at the station. i mean, kind of -- sad, lonely figure. >> kicking back. enjoying himself. >> good the see him back in normal life? good for any politician? >> i would imagine that the...
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these are all the people who helped elect him four years ago. he's not reaching out as far as we know to business leaders and other foreign policy experts. talk of chuck hagel. we believe he's been vetted. possibly for the pentagon or cia. we don't know how serious that is. so far, it's all the same circle. >> that's right. >> musical chairs. >> musical chairs. the knock a lot of people in washington give to the obama white house it is too insular and he doesn't pull the kinds of expertise he needs into this white house. there's an opportunity in this second term for him to shake things up a little bit. you know, maybe to bring in new players, new faces who have been there from the clinton white house, and kind of help the dynamic and help the governing because a lot of people on capitol hill even democrats will tell you, he's not good at governing and building coalitions. maybe if he brought some folks in who knew how to do that there would be more give and take on the fiscal cliff issue, on the tax reform and entitlement reforms that we get ne
these are all the people who helped elect him four years ago. he's not reaching out as far as we know to business leaders and other foreign policy experts. talk of chuck hagel. we believe he's been vetted. possibly for the pentagon or cia. we don't know how serious that is. so far, it's all the same circle. >> that's right. >> musical chairs. >> musical chairs. the knock a lot of people in washington give to the obama white house it is too insular and he doesn't pull the kinds...
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i think republicans and to win elections in the future. >> now, erin, during this election, you covered governor romney a lot and now washington post tells us that he's in seclusion. according to "the washington post," i'm quoting them, he devours news from 2600 miles away in washington, shaking his head and wondering what if. yet friends insist romney is not bitter. erin, i'm just getting your react as somebody that covered him a lot. how do you read his new self-imposed seclusion? >> not surprising at all. this is a man who has just spent the last six years of his life running for president and towards the end of that campaign and john kerry was upset and al gore upset and mitt romney is just taking a breather and he may not have a big voice within the republican party and he might have a big voice on certain issues in the years to come. >> well, just as a point of information, i think al gore had a different view of the 2000 election but, anyway, let me go back to you, kristen. the gop's response to the election was all over the place but 25% of republicans want their state to succee
i think republicans and to win elections in the future. >> now, erin, during this election, you covered governor romney a lot and now washington post tells us that he's in seclusion. according to "the washington post," i'm quoting them, he devours news from 2600 miles away in washington, shaking his head and wondering what if. yet friends insist romney is not bitter. erin, i'm just getting your react as somebody that covered him a lot. how do you read his new self-imposed...
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what did you make of the election battle. it was pretty bruising and pretty nasty. they don't seem to have learned very much on either side how to get stuff done for america. >> there's countless people who have said the gop's casting department has to be fired an restaffed because this was a race that was theirs for the taking. they really, really could have brought him down. i think the vice presidential choice was critical. i think if you had romney who was plenty conservative for most people i know, maybe not for people in red state, christian conservatives. needed to put a woman on the ticket. >> i was amazed he didn't go from the over demographics. he had marco rubio on condoleezza rice if they had done it. >> if he had gone for meg wh whitman. he might have won. if he took a serious woman as opposed to palin in 2008. >> on obama, he fought a campaign that was pretty skillful on the ground where it mattered in the swing states. probably why he won. by any kind of criminal just you say he didn't live up to the promise he gave four years ago. what do you want hi
what did you make of the election battle. it was pretty bruising and pretty nasty. they don't seem to have learned very much on either side how to get stuff done for america. >> there's countless people who have said the gop's casting department has to be fired an restaffed because this was a race that was theirs for the taking. they really, really could have brought him down. i think the vice presidential choice was critical. i think if you had romney who was plenty conservative for most...
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the president won re-election. this was not something that -- may have hurt the economy and something republicans blamed for. look at the numbers. terrible. not just only as a party but particularly in congress right now. you know, this is not -- this is not a long-term winning game i don't think for republicans to hold up every agreement claiming leverage where they don't have it. i think they need to find in order to do better areas they have got more public support than they seem to have on the issues. 60% according to a new politi politico/george washington university poll believes the top should have an increase in taxes. fighting the public and appear to be ideological doesn't seem to work. certainly didn't in terms of knocking president obama off. >> one thing that also didn't work in 2011 was the president ab do kating the role to nancy pelosi and harry reid. this time around, maybe because he feels he has the mandate, he's doing the negotiations straight on with boehner which i think leads to a better resu
the president won re-election. this was not something that -- may have hurt the economy and something republicans blamed for. look at the numbers. terrible. not just only as a party but particularly in congress right now. you know, this is not -- this is not a long-term winning game i don't think for republicans to hold up every agreement claiming leverage where they don't have it. i think they need to find in order to do better areas they have got more public support than they seem to have on...
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house chief of staff on how to stay off the fiscal cliff and what the party should learn from the last election. >>> next, when the u.s. aimed high in the 1960s, we sent a man to the moon w the same effort, we can now cure cancer, that's what the head of the largest cancer center in the word, m.d. anderson says. >>> and america has lost it's number one standing in lotts of areas, from competitiveness to education, the new number one in most cases a scandinavian country, what is the credit sauce? we'll dig into it. but first here's my take. as we debate whether the two parties can ever come together and get things done, here is something president obama could do probably by himself that would be a single accomplishment of his presidency, end the war on terror. for the first time since 9/11, an administration official has raised this prospect. said in a speech to the oxford union last week, that as the battle against al qaeda continues, there will be come a tipping point as so many of the leaders and operatives of al qaeda have killed or captures such as al qaeda as we know it has been effectivel
house chief of staff on how to stay off the fiscal cliff and what the party should learn from the last election. >>> next, when the u.s. aimed high in the 1960s, we sent a man to the moon w the same effort, we can now cure cancer, that's what the head of the largest cancer center in the word, m.d. anderson says. >>> and america has lost it's number one standing in lotts of areas, from competitiveness to education, the new number one in most cases a scandinavian country, what...
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the election just matters in profound ways, look at salt lake city, the mormon church after the election said, well, maybe we're going to change our position on home sexuality is a choice you're not born that way. it reverberates all of the way through society. i can't believe that they took this up. the fact that they took it up, it believes they're going to uphold some of these. >> mary, not just the election, the trend has been pretty clear over the last dozen years. i want to show this pew poll back in 2001, 57% of the country opposed gay marriage, only 35% were for. this year the lines have crossed. 48% approaching. going above 50%. support gay marriage in the country. >> well, because americans have common sense. important constitutional, ideology call questions. people living in the real world, the greatest threat are the hetero sexuals who don't get married and create babies. that's more problematic for our culture than home sexuals getting married. in real life, looking down 30 years from now, real people understand the consequences of so many babies being born out of wedlo wedl
the election just matters in profound ways, look at salt lake city, the mormon church after the election said, well, maybe we're going to change our position on home sexuality is a choice you're not born that way. it reverberates all of the way through society. i can't believe that they took this up. the fact that they took it up, it believes they're going to uphold some of these. >> mary, not just the election, the trend has been pretty clear over the last dozen years. i want to show...
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in safe seats so the crucial election is not the general election, it's the primary election, and as we know in primaries, there's low participation which gives a hugely disproportionate power to the rigid extremes on both sides. that makes it very difficult. second is the overwhelming amount of money, of all of the judicial mistakes that have been made in history by supreme courts, few in my judgment will history record as being more unwise and wrong than the supreme court decision in the citizens united case, which took a situation already reeking with too much money and just poured tons of it, more into it. so for members now, it's just a mad money chase all the time, which i think is demeaning to everybody and very, very unfortunate. so it's a combination of factors. many others, but those are some of them. >> so look, you've helped negotiate peace in northern ireland. you worked on peace in the middle east. how does the problem here get fixed? >> well, i think in the end, in democracies it's fixed only by the people. the word democracy is a combination of two greek words, demos,
in safe seats so the crucial election is not the general election, it's the primary election, and as we know in primaries, there's low participation which gives a hugely disproportionate power to the rigid extremes on both sides. that makes it very difficult. second is the overwhelming amount of money, of all of the judicial mistakes that have been made in history by supreme courts, few in my judgment will history record as being more unwise and wrong than the supreme court decision in the...
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they have an election every two years and they got elected again and they've got constituents that sent them there for a reason. and then you've got the president would is just -- you know, just being hammered by the left on not caving this time around because he got so much grief the last time. this is setting up for us to go over the cliff, isn't it? what do you think? do we go over it or not? >> yeah, it is very difficult. and i feel bad for john boehner. he's in a difficult situation. i did want to remind john that he should look at the young, newer members that are so difficult to persuade to make an easy deal compromise. and remember, it wasn't too many years ago, john, that was you and me and we were driving bob michael and president bush nuts when the democrats were offering them, give us the tax increases now, we'll give you the spending cuts later and we were saying, oh, no, they'll never keep their word on the spending cuts. they'll tax the tax increases. quite frankly, the speaker has a difficult role to play here. he's seen by so many people as the principal guardian of our
they have an election every two years and they got elected again and they've got constituents that sent them there for a reason. and then you've got the president would is just -- you know, just being hammered by the left on not caving this time around because he got so much grief the last time. this is setting up for us to go over the cliff, isn't it? what do you think? do we go over it or not? >> yeah, it is very difficult. and i feel bad for john boehner. he's in a difficult situation....
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despite losing the election. first of all, he says, their in-house production operation allowed them to churn out ads in record time. but minchillo also says if you make the chinese news agency angry, i figure you're doing something right. romney drew the wrath of china's news agency for promising to label them a currency manipulator. unfortunately for the mad men, it wasn't just the chinese who were paying attention. a general motors spokesman accused them of entering into a parallel universe with that ad saying jeep was shipping american jobs over to china. >>> finally, a toddler takes in cnbc's fiscal cliff talk. >> i think companies might be okay with that -- [ laughing ] >> that's like young kids who say they like me saying "let's play hardball." anyway, that's going viral, obviously. >>> up next, 44% of a certain group of americans tell pollsters seceding from the union might be a good idea. who are these people? half think aa.c.o.r.n., which no longer exists, stole the election. what is this fringe called?
despite losing the election. first of all, he says, their in-house production operation allowed them to churn out ads in record time. but minchillo also says if you make the chinese news agency angry, i figure you're doing something right. romney drew the wrath of china's news agency for promising to label them a currency manipulator. unfortunately for the mad men, it wasn't just the chinese who were paying attention. a general motors spokesman accused them of entering into a parallel universe...
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Dec 3, 2012
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the speaker characterizing this as a status quo election. that's not the way the white house sees it. the white house sees it as an election they won and they picked up seats in the congress. the speaker here reminding the president, hey, you know what, we control the house of representatives. he goes on to characterize the president's proffer from last week. boehner saying, we cannot in good conscience agree to this approach which is neither balanced nor realistic. they talk about possibly raising some entitlement reform proposals with the president. but then the speaker and his co-signers here have this sentence, mindful of the status quo election and questions on entitlement reform we recognize it would be counterproductive to privately or publicly propose entitlement reforms you or the leader of your party are unwilling to changed in near term. boehner is laying out a revision going back to the simpson/bowles plan in some way, shape or form and that's the gist of this offer from the speaker to the president. we're diving into it in real
the speaker characterizing this as a status quo election. that's not the way the white house sees it. the white house sees it as an election they won and they picked up seats in the congress. the speaker here reminding the president, hey, you know what, we control the house of representatives. he goes on to characterize the president's proffer from last week. boehner saying, we cannot in good conscience agree to this approach which is neither balanced nor realistic. they talk about possibly...
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Dec 3, 2012
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this is a status quo election. the president had a great re-election. house republicans own the house and democrats the senate and they have to sit down and do negotiating and it isn't boehner versus geithner, it is basically can the house republicans buy a plan that basically they can sell to 218 members. and can the senate go along with that and if so will the president sign it and until they sit in a room and discuss all of those elements of it at this point in time you get people talking at each other with a lot of absurdity and the most absurd part, talking about $85 billion a year, in added revenue over a ten-year period. and we are spending over a trillion dollars in debt over year, and not even putting anything into it and republicans have been down the road before and they were promised 3-for-1, for every dollar in taxes, three cuts, it never happens and they are realizing, it is actually on the table, signed off on by all sides, they will not buy into it. >> chris: senator, did the president in the offer with so little in spending cuts and tax
this is a status quo election. the president had a great re-election. house republicans own the house and democrats the senate and they have to sit down and do negotiating and it isn't boehner versus geithner, it is basically can the house republicans buy a plan that basically they can sell to 218 members. and can the senate go along with that and if so will the president sign it and until they sit in a room and discuss all of those elements of it at this point in time you get people talking at...
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Dec 6, 2012
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we thought we'd have elections march/april, there's the prospect it could be a snap election much earlier perhaps in the new year. now the good news is there isn't a huge amount of blowout on the bonds at the short end of the italian markets. the yields are higher but not huge relative to where we've been but on the ten-year italian market you can see we're slightly higher but no great shakes overall. it means the rally in the peripheral bond market we've witnessed in italy and spain has now stalled at this stage. remember we had the auction in spain yesterday and the yields are slightly higher relative to where we've been, they're still relatively depressed. we talk about the problems in europe, i thought it was worth pointing out amidst all the malaise what is happening in germany today an astounding manufacturing german manufacturing orders result from germany up 3.9% in october, a phenomenal performance from german industry and it's worth bearing in mind that german industry is basically in a single currency that is too low arguably for what it should be at. the deutsche mark would ha
we thought we'd have elections march/april, there's the prospect it could be a snap election much earlier perhaps in the new year. now the good news is there isn't a huge amount of blowout on the bonds at the short end of the italian markets. the yields are higher but not huge relative to where we've been but on the ten-year italian market you can see we're slightly higher but no great shakes overall. it means the rally in the peripheral bond market we've witnessed in italy and spain has now...
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Dec 7, 2012
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jobs numbers matter a lot less the month after the election. tiny popularity issues are not the central factor here. it's these negotiations between two guys. >> ayman you're inside the capitol dome right now. what is the sense? were you surprised at the speaker's comments no progress, it was a pleasant conversation, which is a good thing, but the fact thats there's no measurable difference from today versus yesterday? >> yeah. when somebody says if washington they've had a pleasant conversation, that means we got absolutely nothing accomplished but nice to talk to the other guy. i was a little bit surprised because we had heard there was this phone call between the president and speaker on wednesday. yesterday we were told that, in fact, staff negotiations had resumed between obama's staff and the president's -- and the speaker's staff and you saw this very tight coordination of messaging between obama and boehner that indicated they were working together well. then we see this from the speaker today. but after that, the aides came out private
jobs numbers matter a lot less the month after the election. tiny popularity issues are not the central factor here. it's these negotiations between two guys. >> ayman you're inside the capitol dome right now. what is the sense? were you surprised at the speaker's comments no progress, it was a pleasant conversation, which is a good thing, but the fact thats there's no measurable difference from today versus yesterday? >> yeah. when somebody says if washington they've had a pleasant...
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they just won an election. their position on policies are much more popular than the republican positions are and they're willing to go over the cliff. going over the cliff for them is not the worst of all possible worlds. they get the tax position that they want, they get spending cuts that they can basically live with, and obama is capable of managing the economic fallout of it. that's another reason why i think it's important that geithner is the front man here, that geithner is the type of guy who can talk to the street in a way that's very assuring. >> the street, not the streets. >> yeah. >> also if they -- if we go over the cliff, i mean, the republicans then look like they let it happen all for the 2% as michael was saying because that's what this becomes about. that's not something they want. it doesn't put them in a good position. to some degree this is a choreographed dance that has to happen. they cannot come to a deal without a humongous fight. >> this is also the white house i think has managed th
they just won an election. their position on policies are much more popular than the republican positions are and they're willing to go over the cliff. going over the cliff for them is not the worst of all possible worlds. they get the tax position that they want, they get spending cuts that they can basically live with, and obama is capable of managing the economic fallout of it. that's another reason why i think it's important that geithner is the front man here, that geithner is the type of...
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before we got really wrapped up in the election we were wringing our hands on how the earnings season was not coming out very well. i think when we start paying attention to earnings again it will be a problem. >> coming up next is dell really a buy? our traders will make the call on whether this beaten down tech stock is back from the brink. it could be called the ultimate fiscal cliff trade. find out which investment americans are pouring into. much more straight ahead. if you think running a restaurant is hard, try running four. fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. music is a universal language. but when i was in an accident... i was worried the health care system spoke a language all its own with unitedhealthcare, i got help that fit my life. information on my phone. connection to doctors who get where i'm from. and tools to estimate what my ca
before we got really wrapped up in the election we were wringing our hands on how the earnings season was not coming out very well. i think when we start paying attention to earnings again it will be a problem. >> coming up next is dell really a buy? our traders will make the call on whether this beaten down tech stock is back from the brink. it could be called the ultimate fiscal cliff trade. find out which investment americans are pouring into. much more straight ahead. if you think...
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>> i thought the election was going to be closer than it ended up being. i thought looking at it from the outside that the republicans had a decent chance of winning. i think the two most important things that happen thad defeated that were the very divisive primary we had to endure before with 22 debates and a period between the end of the primary season and the beginning of the general election where the democrats were able to paint governor romney as something that he really isn't in my view and the republicans' side of the screen were silent because they had to wait till they got their general election money. and then the ground game. i think the democratic campaign had a probably very far superior campaign to the ground campaign. there's something that this election campaign tells us that needs to be done for my party, for us as a party. i think it's really important that we be seen to be the party of hope, optimism, and opportunity. that's what ronald reagan taught us, instead of gloom and doom. we need to be positive. we need to appeal to those vote
>> i thought the election was going to be closer than it ended up being. i thought looking at it from the outside that the republicans had a decent chance of winning. i think the two most important things that happen thad defeated that were the very divisive primary we had to endure before with 22 debates and a period between the end of the primary season and the beginning of the general election where the democrats were able to paint governor romney as something that he really isn't in...
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one is new jersey's frank lautenberg who was elected in 1982, retired in 2001. then came back two years lates. senator dan coats, he changed his mind about retirement and re-elected in 2010. george allen tried to join that club but didn't make it. if you have a trivia question, e-mail us at dailyrundown dailyrundown@msnbc.com. ... nothing transforms schools like investing in advanced teacher education. let's build a strong foundation. let's invest in our teachers so they can inspire our students. let's solve this. he's going to apply testosterone to his underarm. axiron, the only underarm treatment for low t, can restore testosterone levels back to normal in most men. axiron is not for use in women or anyone younger than 18. axiron can transfer to others through direct contact. women, especially those who are or who may become pregnant, and children should avoid contact where axiron is applied as unexpected signs of puberty in children or changes in body hair or increased acne in women may occur. report these signs and symptoms to your doctor if they occur. tell
one is new jersey's frank lautenberg who was elected in 1982, retired in 2001. then came back two years lates. senator dan coats, he changed his mind about retirement and re-elected in 2010. george allen tried to join that club but didn't make it. if you have a trivia question, e-mail us at dailyrundown dailyrundown@msnbc.com. ... nothing transforms schools like investing in advanced teacher education. let's build a strong foundation. let's invest in our teachers so they can inspire our...
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Dec 4, 2012
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she raised $500,000 for his re-election campaign. she's been at "vogue" for more than 25 years and they say she's very happy about the current job. the white house was asked about the report and declined comment on it. do you believe the bloomberg report that anna winter is being considered as a possible u.s. ambassador? go to facebook.com/newsnation to cast that vote. that does it for this edition of "news nation." thank you for joining us. tomorrow we have a nice show for you. pennsylvania congresswoman allyson schwartz and john yarmuth. we'll get their insight. "the cycle" is up next. begin. tomato, obviously. haha. there's more than that though, there's a kick to it. wahlalalalallala! smooth, but crisp. it's kind of like drinking a food that's a drink, or a drink that's a food, woooooh! [ male announcer ] taste it and describe the indescribable. could've had a v8. [ male announcer ] taste it and describe the indescribable. social security are just numbers thinkin a budget.d... well, we worked hard for those benefits. we earned th
she raised $500,000 for his re-election campaign. she's been at "vogue" for more than 25 years and they say she's very happy about the current job. the white house was asked about the report and declined comment on it. do you believe the bloomberg report that anna winter is being considered as a possible u.s. ambassador? go to facebook.com/newsnation to cast that vote. that does it for this edition of "news nation." thank you for joining us. tomorrow we have a nice show for...
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and they were very instrumental in helping him get elected and re-elected. >> reporter: that's right. the election results tell the story. president obama won the union vote handily. nationwide, he won 58% of the union vote. compared to governor romney who got 40%. and unions also contributed heavily to donations and get out the vote efforts. $143 million they gave overall in the 2012 campaign to general candidates and elections in general. only 4% went to republicans. the rest went to democrats and outside spending groups. so you can see the impact they had across the board it and, wolf, while michigan wouldn't be the first state to pass right to work laws, in fact, 23 other states already have right to work laws. so tomorrow michigan could become the 24th state to have one. as the birthplace for the organized labor movement in the u.s., passage for this law in michigan would be a body blow to the labor movement in the u.s., wolf. >> certainly would be. thanks very much for that, jessica. >>> the president's due back here in washington just in a little while from michigan. his focus
and they were very instrumental in helping him get elected and re-elected. >> reporter: that's right. the election results tell the story. president obama won the union vote handily. nationwide, he won 58% of the union vote. compared to governor romney who got 40%. and unions also contributed heavily to donations and get out the vote efforts. $143 million they gave overall in the 2012 campaign to general candidates and elections in general. only 4% went to republicans. the rest went to...
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Dec 2, 2012
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there is no question about the legitimacy of his election. but he definitely does not have half of the population behind him. >> he certainly doesn't have a mandate is what you are saying. lauren thank you for reporting for fox news latino . thank you, we appreciate it. for much more on mexico's new president and issues south of the border that affect our nation go to fox latino.com. parts of the west coast are bracing in the middle of a multiday soaking courtesy of a strange weather patsern. the radar shows it here and it is it a long system. rain falling over northern california for the most part, forecasters say some areas could get soaked for day to come and dozens of inches falling. wow . it is it because of what they call an atmospheric river of jet stream ofure in the pacific office carrying wave after wave of storms on the west coast. donna is live in cloudy california. dominic? >> the latest in the freaky stream of rains should dump twice as much as the last storm that came through here if not the two combined. it will start in the e
there is no question about the legitimacy of his election. but he definitely does not have half of the population behind him. >> he certainly doesn't have a mandate is what you are saying. lauren thank you for reporting for fox news latino . thank you, we appreciate it. for much more on mexico's new president and issues south of the border that affect our nation go to fox latino.com. parts of the west coast are bracing in the middle of a multiday soaking courtesy of a strange weather...
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sorts of things that could possibly be done which is by packing the corporation of london with people elected on a reform ticket a government that has the political will or that can be forced to have the political will through its manifesto for example can can make that legislation then perhaps things could change but it's a deep set problem and i think it's a bigger problem than just the corporation of london it's a problem about the role of capitalism in the world about the role of finance in particular as a force and a power but surely every industry has a lobby the manufacturing industry the tobacco industry isn't it a natural element of a capitalist society now. i mean it is in a sense in the sense that there's a lot be there ok but the problem is we have an effective governments. an effective state building built around a single interest so it's the integration of that lobbying function with the political structures with the governance of the city with its effectively a state that's the problem and that's distinct from all of the lobby groups there are there is that say that protecting
sorts of things that could possibly be done which is by packing the corporation of london with people elected on a reform ticket a government that has the political will or that can be forced to have the political will through its manifesto for example can can make that legislation then perhaps things could change but it's a deep set problem and i think it's a bigger problem than just the corporation of london it's a problem about the role of capitalism in the world about the role of finance in...
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Dec 7, 2012
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another reason might be the presidential elections in south korea, which are december 19th. maybe they want to influence or disrupt them. the third is the traditional north korea action to get attention. here we are. we've been out of the headlines, middle east, gaza, rockets there, we're back. and this is what we're capable of doing. those are the three potential reasons that i see. one most likely being kim jun jung-il. he wants to show his people that he governs a powerful nation that wants to show it's nation. >> he is approaching, as chris said, the first anniversary of his rule. how should the international community react when this launch takes place, assuming it's successful. >> i would say the launch will happen. obviously, it's a test of missile technology. the international community, the security council, will invoke more sanctions, the united states and south korea will pursue individual sanctions, it's an act of defiance, but i have said before on your program, that there is something about this guy that may be educated in the united states, educated in switzer
another reason might be the presidential elections in south korea, which are december 19th. maybe they want to influence or disrupt them. the third is the traditional north korea action to get attention. here we are. we've been out of the headlines, middle east, gaza, rockets there, we're back. and this is what we're capable of doing. those are the three potential reasons that i see. one most likely being kim jun jung-il. he wants to show his people that he governs a powerful nation that wants...
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the big thing is the election. but the jobs numbers suggest that the economy is doing well and it cuts against the republican argument that raising taxes on the rich with would hurt the economy and the economy is fragile. the numbers though that the economy is not fragile and that would improve the economy's leverage. he's still doing so many public events. he is trying to use that public pressure to sort of force the republicans to cut a deal. >> doing this public stuff but at the same time having these private talks with the speaker and david axelrod talked about what the president and speaker might be doing behind closed doors and the reasoning behind it. let's listen. >> both the president and the speaker are very fluent in the basic numbers. they have been living with them for some time now. so as i said, i don't think that there's a lot of mystery about this. the politics has to be traverse. they've got to get through the rocky shoals of grover norquist. >> does that make it easier to keep politics out of it?
the big thing is the election. but the jobs numbers suggest that the economy is doing well and it cuts against the republican argument that raising taxes on the rich with would hurt the economy and the economy is fragile. the numbers though that the economy is not fragile and that would improve the economy's leverage. he's still doing so many public events. he is trying to use that public pressure to sort of force the republicans to cut a deal. >> doing this public stuff but at the same...
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he came in, initially, as the man of the people, as the first popularly elected chief executive of egypt in its 3,000 year history. in a year of being in office, he said, the courts can not everrule me and no one can sue me and no one can second-guess me and what i say is the law. while he did that, he got the legislature, which was elected with him to write a new constitution without debate or input and against the rules of the present constitution and he is just putting it out there for the public to vote on. why are the judges so upset? the egyptian system of judges is similar to ours and to the british system, and judges can say to the government, that is unconstitutional. can you not do it. not in the islamic world which is what the constitution will have. their goal is an oath that is any dealt to shiria law, not rights of divided powers. >>shepard: egypt is the most powerful because of the numbers, 80 million people in egypt, they are overseeing so much of what is happening including the peace treaty of sorts between hamas and the palestinians and the israeli government and if egy
he came in, initially, as the man of the people, as the first popularly elected chief executive of egypt in its 3,000 year history. in a year of being in office, he said, the courts can not everrule me and no one can sue me and no one can second-guess me and what i say is the law. while he did that, he got the legislature, which was elected with him to write a new constitution without debate or input and against the rules of the present constitution and he is just putting it out there for the...
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elections have consequences for both sides of the aisle. the president is very aware that he has a responsibility to now go to bat on immigration reform and it seems to be that in the house it's a small step. small private steps are being taken not by the people who put out press releases that don't really say much, but have lovely words to them. they're actually working on it. let's see. piecemeal, i think, will never work. >> margaret. >> i -- i think senator rubio's heart is pure on this, and i think he sees a great big huge bill trying to move it is harder than getting pieces that you can get coalitions on and get something through. you know, on the vote on that 44 point difference, you know, if republicans started speaking to latinos with some respect and not with words like self-deportation and let's fix -- let's close the fence as mccain did. they would be able to hear other parts of the republican message. you can't be sure that all of them are going to -- that they're not all going to be democrats one they're here in & here legal.
elections have consequences for both sides of the aisle. the president is very aware that he has a responsibility to now go to bat on immigration reform and it seems to be that in the house it's a small step. small private steps are being taken not by the people who put out press releases that don't really say much, but have lovely words to them. they're actually working on it. let's see. piecemeal, i think, will never work. >> margaret. >> i -- i think senator rubio's heart is pure...
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to to drag it into the democratic system i know there are a number of people looking at running for election again to the city of london corporation and they're going to try to make some changes from the inside but it requires you know the media the press to start paying attention to this not just to have finance stories on the back page shoved the way for business people to read these things are relevant to our lives if you know the sun newspapers got a number of readers who have lost their jobs they need to start thinking about why those people have lost their jobs and how the economy is dominated by finance and tell this story to their readers because that change will benefit them. thank you very much thank you. gold fever. turnstyles it's good to see late my son but also my brother is involved in something and since i started working at the moment i stay here a little bit. more to nationals. to be milked dry and it's my think that in this country gold medal logie has an environmental cost which is an acceptable local business was labeled illegal and controlled by criminals people in orde
to to drag it into the democratic system i know there are a number of people looking at running for election again to the city of london corporation and they're going to try to make some changes from the inside but it requires you know the media the press to start paying attention to this not just to have finance stories on the back page shoved the way for business people to read these things are relevant to our lives if you know the sun newspapers got a number of readers who have lost their...